Connect with us

Ethereum

Vitalik Buterin to match wits with chess master

Published

on



At 9 pm EST tonight, Ethereum co-founder and figurehead Vitalik Buterin will face off against chess streamer National Canadian Team player Alexandra Botez in an match event live-streamed on Twitch. 

The event came about following a series of matches and conversations held by members of the Ethereum-focused Bankless podcast and newsletter. After Vitalik participated in a handful of matches, Botez threw down the gauntlet:

Fans of the chess personality have warned Vitalik to watch out for her namesake “Botez Gambit” — a playful term for when she accidentally loses her queen. Jokes aside, the Canadian sports some serious accolades: she currently holds the title of Woman FIDE Master, and is a five time Canadian National Girls Champion. 

Not all are counting out the 26 year-old Ethereum co-founder, however. Some have speculated that between pondering Derek Parfit and solving scalability, Vitalik might be hiding some genuine chess chops:

Additionally, aside from helping build the world’s largest smart contract platform, Vitalik might be most notable as the inventor of a chess variant. In 2019 he debuted “1.58 dimensional chess,” played on a pyramidal plane. 

And what would an Ethereum mindsport prizefight be without on-chain prediction markets where viewers could bet on the outcome? Gamified prediction market Yieldwars is offering a market for the match, with winner-take-all options for either side, while Omen Prediction Markets is offering weighted payouts.

So far, the market believes that Vitalik is going to have a rough evening. Pitched as “King versus Queen,” the Yieldwars market currently has totaled only $500 in bets, with bettors healthily favoring Botez. Omen, meanwhile, has attracted over $650 in bets, once again heavily skewing towards the chess streamer.

One possible option for the overmatched founder? An irregular opening. The Cointelegraph weekend editorial team humbly suggests the Orangutan.





Source link

Ethereum

Bitcoin price rally cools down as Polkadot gains 34% in first week of ‘altseason’

Published

on

By


Bitcoin (BTC) fell below $26,000 on Dec. 29 as fresh fallout from Ripple’s threatened U.S. lawsuit was felt throughout crypto markets.

Cryptocurrency market overview. Source: Coin360

BTC price dips as Coinbase halts XRP trading

Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD hitting lows of $25,830 during Tuesday trading.

$27,000 support failed to hold overnight, sparking a retest of lower levels which now center on $26,000. At the weekend, Bitcoin hit all-time highs of $28,400 before swiftly reversing.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

The latest losses come as XRP, the fourth-largest cryptocurrency by market cap, hits $0.23 thanks to major U.S. exchange Coinbase opting to suspend trading from next month. The reason is a lawsuit from the U.S. Securities and Exchange Commission (SEC), which threatens to classify XRP as an unlicensed security and make trading it all but impossible.

“There is going to be a rangebound construction, after which 2021 will most likely break out again,” Cointelegraph Markets analyst Michaël van de Poppe summarized about Bitcoin’s short-term perspectives in a video update on Monday.